15 points | by Anon84 13 hours ago ago
3 comments
TLDR (of the paper): prediction markets are basically a scam with extra steps. If you're not in on the scam (top 3%), you're the sucker (the liquidity).
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TLDR (of the paper): prediction markets are basically a scam with extra steps. If you're not in on the scam (top 3%), you're the sucker (the liquidity).
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